Category archives: Freight

Daily Capesize Review 26/7/21

Capesize freight rates started sluggish at the start of the week but found supports from typhoon disruption that tightened ship supply. The Baltic Dry Index (BDI) then inched up slightly by 0.34% day-on-day, up 11 points to 3,210 readings, from the firmer freight rates.   Tight vessel supply from bad weathers Trade participants were concerned …

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FIS Morning Report Tanker FFA 27-07-21

News Headlines: OIL DAYBOOK EUROPE: Exxon Seeks Arbitration; Adnoc Cuts Supply (Bloomberg) Exxon Mobil Corp. filed for International Chamber of Commerce arbitration against an Iraqi state-owned company after being frustrated in its efforts to sell a stake in the West Qurna-1 oil field     TANKER WEEKLY WRAP: European Fuel Exports to Americas to Dip …

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Daily Capesize Review 23/7/21

Capesize freight rates rebounded on tight tonnage supply because of Typhoon In-Fa’s impact on central China’s coastal areas. The Baltic Dry Index (BDI) then increased by 3.09% day-on-day, up 96 points to 3,199 readings, due to the firmer freight rates.   Bullish Pacific amid tight vessel supply   The Pacific enjoyed healthy cargo list with …

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